Author: Gary St. Fleur

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Missouri’s State Pension In Crisis

Missouri State Treasurer, Eric Schmitt, told a panel of lawmakers on Wednesday that  Missouri’s State pension deficit exceeded $5.2 billion. He went on to explain, “The future of the state’s finances are at stake…Five billion dollars means we are thousands […]

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Hartford faces two-notch downgrade by Moody’s

On Tuesday, September 12, Hartford is the latest financial strapped municipality that is facing downgrade with Moody’s Investors Service downgrading Connecticut’s capital city two notches. This places the city well into junk territory to Caa1 from B2. The rating will […]